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AJYCP Urges Central Government to Buy NRL stakes

AJYCP Urges Central Government to Buy NRL stakes

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  13 Oct 2019 6:11 AM GMT


GUWAHATI: Asom Jatiyatabadi Yuba-Chatra Parishad (AJYCP) thoroughly condemned the decision of the Central government to privatize Numaligarh Refinery Limited (NRL) and Bharat Petroleum Corporation Limited (BPCL) and suggested that the shares of the companies be bought by the Centre instead.

President of the Parishad, Rana Pratap Baruah said, "We will never agree to the privatization of NRL and BCPL, a decision that tampers with the sentiments of the people of the State. The NRL is not just any public sector unit but a yield of the Assam Accord, which has the blood of 855 martyrs linked to it."

Emphasizing about the role of NRL on the economic stability of the Northeast, Baruah said that the Refinery fulfilled the indigenous requirements of the people of Northeast. He further stated that among all the public sector units, NRL has been paying the highest tax to the government.

"Various important projects such as extension, the gas grid project, the Indo-Bangladesh friendship pipeline are already being carried out. Moreover, 80 percent of the people working in NRL are Assamese. Also, BPCL possesses most of the NRL shares. So, if BPCL is privatized, NRL will also automatically get privatized which is why we urge the Central government to buy BPCL shares and cancel privatization," said general secretary of the Parishad, Polash Sangmai.

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